On-chain analyst Ember reported that a wallet believed to be linked to an Aave team member, 0x0c94...8297b, sold 50,000 AAVE over the past week for $8 million at an average price of $160. The address had previously received 108,000 AAVE in vested allocations from the Aave Team wallet between October 2020 and October 2021. After the recent sales, the wallet still holds 30,000 AAVE, valued at about $5.5 million based on the figures cited in the report. The update was published by Odaily as a 7x24 newsflash.
Odaily reported, citing on-chain analyst Ember, that a wallet believed to belong to an Aave team member, 0x0c94...8297b, sold 50,000 AAVE over the past week for $8 million, at an average price of $160.
According to Ember, the address received 108,000 AAVE in vested allocations from the Aave Team wallet between October 2020 and October 2021. After those sales, the wallet still holds 30,000 AAVE, valued at about $5.5 million based on the figures provided.
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